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Founded in 2009, Au Chau Fashion and Cosmetic Company (ACFC) - a division of Imex Pan Pacific (IPP) Group, is the seat of some of the world's premium and most admired fashion brands. ACFC is the leader in brand management and distribution company specializing in international brands in Vietnam, a driving force of retail and distribution networks and provides full-service retail management in the country. Some our brands are Nike, Tommy Hilfiger, Diesel, Tumi, Gap, Calvin Klein, Banana Republic, Mango....

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Abbott believes in the power of health. With better health, people and communities can live better and achieve more.
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Our company is a rapidly growing company based in The US and Vietnam. We are evolving into an international sourcing business with a focus on Hygiene products. Our clients are mostly US focused and conglomerates.

MATSUOKA CORP. TO INVEST $28 MLN IN VIETNAM PROTECTIVE CLOTHING VENTURE

2020-07-29 16:03:31

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MATSUOKA CORP. TO INVEST $28 MLN IN VIETNAM PROTECTIVE CLOTHING VENTURE

 

Matsuoka Corp. to invest $28 mln in Vietnam protective clothing venture

 

Workers at a Matsuoka plant in Dinh Tram Industrial Zone, northern Bac Giang Province. Photo courtesy of Matsuoka.

 

Japanese apparel maker Matsuoka Corp. plans to invest three billion yen ($28 million) into its Vietnam manufacturing unit to produce protective clothing.

 

The funding will be poured into An Nam Matsuoka Garment Co., to start production of protective wear and other items over several months.

 

The move came after the Japanese government pledged to assist the apparel maker in producing protective clothing in Vietnam to diversify supply chains and lessen its dependence on China amid the coronavirus crisis, Kyodo News Agency reported.

 

Matsuoka is one of 30 Japanese firms supported by the Japanese government to move factories out of China and set them up in Southeast Asian markets like Vietnam, the Philippines, Thailand and Laos.

 

According to an official list from Japan External Trade Organization (Jetro) released last week, 15 out of 30 Japanese firms including Matsuoka Corp. have registered to move to Vietnam.

 

Matsuoka established its Annam Matsuoka Garment Co. based in the central province of Nghe An last November before the Covid-19 breakout as part of an ongoing campaign to produce apparel products mainly in Southeast Asian countries.

 

The apparel maker started producing facial masks earlier this year as the Covid-19 pandemic spread globally.